- India tops among the 110 countries, as the destinations for attractiveness to foreign investors.
- China has secured the 65th position and the U.S. is at the 50th.
- The ranking is based on an index for baseline profitability that assumes that three factors: how much the value of an asset grows; the preservation of that value while the asset is owned; and the ease of repatriation of proceeds from selling the asset.
- India is coming out on top, with growth forecasts up, perceptions of corruption down, and investors better protected following the election of a government led by Prime Minister.
- India has come first in the Baseline Profitability Index helped by its improved ranking in the Transparency International’s Corruption Perception Index in 2014.
Source: The Hindu